Is the existence of bitcoins a threat to jobs and national currencies?

[SweetCryptoNews]

Rather no than Yes.But to claim we cannot after a tremendous take-off from the world of cryptocurrency can expect anything!

[CryptoFeller]

It is a threat to all centralized organizations. At first the Blockchain was only good for creating new Cryptocurrencies but it has shown to have have the power to revolutionize major industries.
So crypto adaption could cause a paradigm shift of major industrial players. This will affect organizations that remain centralized.

[Cryptotissue]

I  don't see that being an issue, how do we expect bitcoin to be a threat to jobs and national currency ?. what is your purpose of investing and using bitcoin?. we all want that financial freedom but it doesn't necessarily mean you don't have to work. Is a matter of working but investing wisely and with the matter of it affecting national currencies, are there not countries In the world using bitcoin as a source of a transaction and other stuff. To me, this is a matter of your understanding of bitcoin and everything in the blockchain.

[Tomborneque_1102]

I don't think so. Bitcoin is a big help to our society in every way. first, not everyone has a Job and not everyone is using bitcoin. so it will never be a threat to either way. and it will never be a threat as well to our national currencies. because we are still using Fiat with the majority of our transactions in our everyday lives.

[airdnasxela]

No, I don't think so that bitcoin is a thread to jobs and national currencies. First of all, you will not feel like a king when you have bitcoin. It is because there are many jobs available that have higher salaries that bitcoin. Maybe to some jobs it is yes but to the mere fact that bitcoin is very unstable and having jobs had a secured financial aid because you have definite date of having your money. Also,  national currencies cannot be replaced. To add, I think it isn't really a threat because these three can actually coexist to each other like what is happening now where some companies uses bitcoin as a mode of payment.

[adjong]

for me I do not know that's right what others are saying. for me before joining the world of bitcoin I thought and studied it well before I tried to enter the world of crypto currency. you will try to join bitcoin investments so I also know how to earn money even at home

[yndye]

I don't think so. Bitcoin is a big help to our society in every way. first, not everyone has a Job and not everyone is using bitcoin. so it will never be a threat to either way. and it will never be a threat as well to our national currencies. because we are still using Fiat with the majority of our transactions in our everyday lives.

Bitcoin instead is a big help for the people to have income and keep the businesses operating because people would have money to buy their needs and wants. As for jobs, no it wouldn't be a threat to jobs because in this forum alone, there are already so many people joining the opportunity of bounties and some got discourage because of the fact that it is harder to rank up than before so they would just work and find a job offline than here because they just want stability in income too which they cannot achieve just by joining bounties.

[BennyK]

Bitcoin is never a threat to jobs and national currencies. The intentions behind the creation of Bitcoin is to enhance businesses through the provision of a revolutionary payment system which eliminates all middle man interference and provide a faster transaction.

[deppil]

I think that everything that is now will move to crypto-currencies. the state will also develop its own cryptocurrency. so everything will be fine for everyone

Many people say that cryptocurrency poses a threat to local currencies but in some countries that legalize bitcoin. Everything is
fine. there is no competition whatsoever. in my opinion it is just a roll of opinion to make the government ban bitcoin.

[Raja_Salman]

We all know how powerful bitcoins are especially in financial terms. Having one makes you feel like a newly-crowned king ready for his throne and lux. Its value and essence is something that we cannot just ignore, resulting for some people relying on these 'God-given grace' instead of working hard and gaining the money that their own country uses. Some thought that it would be better off to have bitcoins and convert it into any kind of currency rather than to get a job and earn some thing. What do you think? Will bitcoin be able to eclipse the existence of national currencies in the near future?
 

I don't think if the management of bitcoin is properly monitored so that it runs as needed so in this case the role of the government is to mediate between bitcoin and national currency

[Muspion]

with the existence of crypto bitcoin currency does not become a threat will replace local currency, even with the existence of bitcoin will make a technological progress in digital currency, and will help financially for holders of crypto currencies

[Malintha1996]

Some people think so.They think if the  crypto currencies including bitcoin dominate the finance section of the world those who serve in banks and those who do their jobs regarding currency regulation will lose their jobs. But in my point of view that's not quite true. Because, recently I heard the news of banks offering bitcoin deposits  where banks evolve as the currency evolve. No one will lose their jobs they just have to adopt to the situation.

[billy4u]

I do not agree that gaining bitcoins have any effect on the physical and online jobs. Currently, the world's population is ten times more than the available jobs. So I think bitcoin can even help reduce unemployment and overdependence rate. If someone leaves his/her job because of bitcoin, another will occupy. The bitcoin holder can also be an employer. Bitcoin possessors also buy from the market so if everybody is not working, where will they buy from? I think bitcoin would rather help sustain life.

[geraldbe]

Most of the comments in this thread make me laugh. FUD against bitcoin never fails to make me laugh.

[faithofb]

The existence of bitcoin is never a threat to job and neither it a thread to national currency. Reason being that some youth are jobless but when they involve in bitcoin they usd it as a means of earning for That shows it is a job creation and not threat.

[bitbunnny]

Bitcoin is no threat at all to any country or national currency.
Bitcoin is and will remain cryptocurrency that will not become mainstream because of the structure and the way it's functioning. So, Bitcoin is alternative to traditional currencies and economies but it's not endangering them.
However, Bitcoin is kind of competition for them and this is the good thing because it can move different kind of changes.

[safonoruu]

I do not agree that gaining bitcoins have any effect on the physical and online jobs. Currently, the world's population is ten times more than the available jobs. So I think bitcoin can even help reduce unemployment and overdependence rate. If someone leaves his/her job because of bitcoin, another will occupy. The bitcoin holder can also be an employer. Bitcoin possessors also buy from the market so if everybody is not working, where will they buy from? I think bitcoin would rather help sustain life.

Very true, there is already scarcity of jobs. We need more opportunities like crypto to fill the gap.

[btcformula]

Crypto user is very less, for small country maybe it's a threat but the big developing country is not a threat. To make mainstream currency need's more participants & this stops fluctuation in crypto market. Most importantly exchange need to take a good steps for stopping pump & dump

[pecopro]

Bitcoin is not going to affect jobs in any way. It is actually creating more jobs.

[classictee]

Capital NO, bitcoin can not be a threat to job ,becuaee there are many applicant out there without a job.bitcoin is an opportunity to them .whk ever that have chance and opportunity to surf internet. Rather than burnjng data to do useless thing, they can engage in doing bounting and filling airdrop form